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Updated about 8 years ago,

User Stats

32
Posts
7
Votes
Jonathan Tremblay
  • Marietta, GA
7
Votes |
32
Posts

Selling: SAFE ~$55,000 Note - 11% APR, ~30% Eqty, 2 yr mtrty

Jonathan Tremblay
  • Marietta, GA
Posted

Property Information

Property Address - 348 Nicole Ct, Jonesboro GA 30238

Beds - 4

Baths - 2

Sqft - 1506

Loan Information

Home Sale - $69,900

Loan Start Value - $60,000

APR - 11%

Term Length - 15 years

1st Payment Date - January 31, 2015

Payoff Date - December 31, 2029

Total Loan Interest Earned - $62,752

As Of November 2016

Current Loan Value - $56,638

Late Payments - 0

Remaining Number of Payments - 157

Remaining Time - 13 Years, 1 month

Remaining Interest - $59,390 !*!*!*!*!*!

Current Zillow Zestimate of Property - $80,000

Current Estimated Equity - 29.2% | $20,610

SELLING this SAFE & Incredible High-Interest NOTE! High equity loan (29.2%) with a 2-year maturity to a wonderful couple who have actually improved the property since purchase! NO LATE PAYMENTS. Contract structured to the advantage of the borrower! (Reach out for more information about this)

NO LOW-BALL OFFERS! Not in any difficult situation and don't forsee ANY issues with this note. Simply interested in liquidating to take a more proactive approach to investing.

Offering